Project Progress

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HSBC to Launch Hong Kong Dollar Stablecoin Redcoin in H2 2026

According to Odaily, HSBC plans to launch HSBC Redcoin, a Hong Kong dollar stablecoin, in the second half of 2026. The stablecoin will initially support peer-to-peer transfers and merchant payments through PayMe and HSBC HK Mobile App, with plans to expand to corporate and institutional wholesale
HSBC+5.00%
GateNews·10-01 08:01
HSBC to Launch Hong Kong Dollar Stablecoin Redcoin in H2 2026